Piramal Finance secures ₹2,100 crore through a qualified institutional placement (QIP) to strengthen its capital base and support retail-led growth.
Amount Raised
₹21 Billion
Round Type
Post-IPO Equity
MumbaiFinancial ServicesFinanceFintechLendingBankingInvestors
Description
Piramal Finance has raised ₹2,100 crore via a qualified institutional placement (QIP), with participation from various domestic mutual funds and global investors. This capital infusion aims to bolster the company's capital base and facilitate its retail-driven expansion. The QIP involved the allotment of 9,952,606 equity shares at ₹2,110 each. The strong response from investors reflects their trust in Piramal Finance's growth strategy.
Quick answer
Piramal Finance Ltd raised ₹21 Billion in a Post-IPO Equity round, dated August 31, 2026. Investors: Blackrock, Eastspring Investments, Goldman Sachs Asset Management, Aditya Birla Sun Life Mutual Fund, Franklin Templeton Mutual Fund, Tata Mutual Fund, Motilal Oswal Mutual Fund and Axis Mutual Fund. Piramal Finance Ltd is based in Mumbai, Maharashtra, India.
- How much did Piramal Finance Ltd raise?
- Piramal Finance Ltd raised ₹21 Billion in a Post-IPO Equity round on August 31, 2026.
- Who invested in Piramal Finance Ltd?
- Blackrock, Eastspring Investments, Goldman Sachs Asset Management, Aditya Birla Sun Life Mutual Fund, Franklin Templeton Mutual Fund, Tata Mutual Fund, Motilal Oswal Mutual Fund and Axis Mutual Fund are named as investors in this round.
- What does Piramal Finance Ltd do?
- Piramal Finance Ltd is a financial services company providing a range of financial solutions.
- Where is Piramal Finance Ltd based and how big is it?
- Piramal Finance Ltd is based in Mumbai, Maharashtra, India.
- Who are the decision-makers at Piramal Finance Ltd?
- Fundz holds 2 contacts at Piramal Finance Ltd, including the Head of Talent Acquisition - Retail Finance. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Financial Services and Finance around the same time
Companies in the same sectors as Piramal Finance Ltd that raised within 45 days of this round, from Fundz verified event records.
- EFY Finance raised an undisclosed amount (Seed) on October 13, 2026.
- Cloud9 raised $500K (Pre-Seed) on October 7, 2026.
- Neurofin raised $1.6M (Seed) on October 5, 2026.
- Seeds Fincap Pvt. Ltd raised $10M (Series B) on October 1, 2026.
- Jeeves raised $110M on September 29, 2026.
- NG.CASH raised $15M on September 23, 2026.
Who to call at Piramal Finance Ltd, and when
A new round usually means Piramal Finance Ltd is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Piramal Finance Ltd raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Piramal Finance Ltd, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Piramal Finance Ltd. With Fundz connected, it knows.
AI made execution free. Knowing first is the whole game now.
Fundz sees it the moment Piramal Finance Ltd raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Piramal Finance Ltd raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
5 screens from a live account. No signup.